Thursday, June 6, 2024

Indices closed mixed....

 Indices closed mixed in anticipation of Jobs report.

S&P 500 @ 5352.96, low 5335.36, high 5362.35

RSI @ 65.37

Internals :

UP volume led by 1.03 to 1 in NYSE & 1.11 to 1 in Nasdaq

Advancing stocks led by 1.05 to 1 in NYSE & .72 to 1 in Nasdaq

Net new highs were leading by 210 in NYSE & 5 in Nasdaq

VIX Down .40% @ 12.58

Oil @ $75.55

Gold @ $2393.00

Canadian $ @ .6311

Portfolio NVDA SHOP PLTR SOUN BTCC

Its all about jobs report, based on momentum, rally continues.....

BLOG does NOT give buy or sell.

Saleem

10 comments:


  1. Hi Stocktrader,

    Sold BTCC @ $13.41

    Bought SMCI.NE @ $26.30...all in Toronto

    Saleem

    ReplyDelete
  2. Hi Saleem,

    Good luck with swap!

    BTCC had a great run :)

    Stocktrader

    ReplyDelete
  3. Hi Saleem,

    Sold TZA @ 19.06

    My premise for the hedge was a fear of a slowdown in consumer spending and the job numbers today provide a backdrop for a healthy-enough consumer still. I will let the portfolio ride unhedged for now.

    Stocktrader

    ReplyDelete

  4. Hi Stocktrader,

    Good luck with next pick....

    Saleem

    ReplyDelete
  5. Hi Stocktrader & Saleem

    Good Luck with the next pick to both...

    ReplyDelete
  6. Hi Saleem,

    Bought CVNA @ 110.29 on positive price action and recent company guidance

    Stocktrader

    ReplyDelete
  7. Hi Saleem,

    Bought AI @ 30.69 on good price action and business momentum

    Stocktrader

    ReplyDelete

  8. Hi Stocktrader,

    Good luck with CVNA & AI.....

    Saleem

    ReplyDelete
  9. Hi Saleem,

    Bought FIVE @ 120.88

    An expanding franchise that experienced a small hiccup, I think consumer trends may favor them going forward.

    Stocktrader

    ReplyDelete
  10. Hi Saleem,

    Added to BMR @ 4.33 with remaining cash

    Stocktrader

    ReplyDelete